Platform

Overview

Round Number indicator for NinjaTrader is a very simple tool, but perhaps one of the most POWERFUL ones you have ever seen!

Whole or round numbers tend to cause significant psychological effects on trading decisions, and therefore on market movements. Have your heard that ES is likely to reach 2000? Traders will hold their long positions tightly and just take profits at round 2000; this is the so-called “magnet effect” that attracts the price toward beautiful whole or round numbers.

You know the importance of psychological support & resistance levels. However, sometimes you remember them and sometimes you forget, because they are not printed on your chart. Inconsistency is a bad behavior in trading! That’s why this round number indicator was created for NinjaTrader platform.

The indicator automatically prints horizontal lines at whole or round numbers, based on a step (in ticks) you specify. For example, if you set a step of 100 ticks for EUR/USD, horizontal lines will be printed at 1.2000, 1.2100, 1.2200… Or if you set a step of 40 ticks (10 points) for ES, horizontal lines will be printed at 2000, 2010, 2020…

The indicator supports up to 3 user-defined steps at the same time. To illustrate, you may have horizontal lines printed every 100 ticks, 50 ticks, and 25 ticks.

Key features:

Print horizontal lines based on a step you specify

Support up to 3 steps at the same time

Optionally label the prices of horizontal lines (can be placed on the left or right)

Users’ Thoughts

Very professional and nice-looking appearance. Can't take every signal but using a favorable stop and target ratio, can be very profitable.Took me from -1100 with my old methods to +650 taking only CCI package signals with ninZaRenko bars.

ELITE*Series

PRIME*Series

PLATFORM

DATA FEED

■ Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

■ Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

■ NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.